13F HOLDINGS REPORT
MAD RIVER INVESTORS
Quarter ended Q3 2023 · Filed August 3, 2023 · Accession 0001384484-23-000006
Total Value
$135.3M
Positions
27
Other Managers
0
Confidential Omitted
No
Holdings (27)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TEXAS PACIFIC LAND CORPORATI | TPL | 40,748 | $61.4M | 45.37% |
| 2 | WHEATON PRECIOUS METALS CORP | WPM | 190,464 | $8.5M | 6.31% |
| 3 | PERMIAN BASIN RTY TR | 714236106 | 334,871 | $8.1M | 5.98% |
| 4 | CACI INTL INC | 127190304 | 21,780 | $7.6M | 5.64% |
| 5 | MESABI TR | MSB | 351,475 | $6.9M | 5.11% |
| 6 | CIVEO CORP CDA | CVEO | 328,731 | $6.4M | 4.75% |
| 7 | FRANCO NEV CORP | FNV | 41,879 | $6.1M | 4.51% |
| 8 | CARNIVAL CORP | CUKPF | 294,000 | $5.5M | 4.09% |
| 9 | TEJON RANCH CO | TRC | 218,725 | $3.9M | 2.85% |
| 10 | ASSOCIATED CAP GROUP INC | 045528106 | 101,800 | $3.8M | 2.79% |
| 11 | VANGUARD INDEX FDS | 922908769 | 12,482 | $2.9M | 2.11% |
| 12 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 7,863 | $2.8M | 2.05% |
| 13 | VANGUARD SPECIALIZED FUNDS | 921908844 | 10,052 | $1.7M | 1.24% |
| 14 | SANDSTORM GOLD LTD | 80013R206 | 292,598 | $1.6M | 1.20% |
| 15 | CME GROUP INC | CME | 7,544 | $1.5M | 1.11% |
| 16 | CBOE GLOBAL MKTS INC | 12503M108 | 8,980 | $1.3M | 0.93% |
| 17 | BOEING CO | BA-PA | 5,153 | $1.2M | 0.91% |
| 18 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 10,430 | $1.2M | 0.89% |
| 19 | RLI CORP | RLI | 5,500 | $733,755 | 0.54% |
| 20 | ISHARES TR | 464288240 | 8,125 | $415,594 | 0.31% |
| 21 | RUMBLE INC | RUMBW | 42,000 | $362,040 | 0.27% |
| 22 | INVESCO EXCHANGE TRADED FD T | IVZ | 2,269 | $351,423 | 0.26% |
| 23 | LIBERTY MEDIA CORP DEL | FWONB | 4,698 | $341,075 | 0.25% |
| 24 | HOWARD HUGHES CORP | HHH | 3,225 | $272,287 | 0.20% |
| 25 | DISNEY WALT CO | 254687106 | 2,400 | $213,336 | 0.16% |
| 26 | JOHNSON & JOHNSON | JNJ | 1,200 | $201,036 | 0.15% |
| 27 | RENN FD INC | 759720105 | 28,000 | $51,800 | 0.04% |